×
You will be redirected back to your article in seconds

Hong Kong Box Office Rises by 6% in 2018

Theatrical box office in Hong Kong grew by nearly 6% in 2018. Gross takings hit HK$1.96 billion, compared with HK$1.85 billion in 2017, according to data from Hong Kong Box Office Ltd.

As the Hong Kong dollar is closely pegged to its American counterpart, most of that gain can be translated into U.S. dollar gains. Using year-end exchange rates, Hong Kong’s theatrical business was worth $250 million in 2018, compared with $237 million in 2017.

Foreign-made films continued to enjoy the largest share of the Hong Kong theatrical business. In 2018, the top eight places were occupied by Hollywood franchise movies, though, unusually, two Korean titles – “Along With the Gods: The Two Worlds” and its sequel, “The Last 49 Days” – took ninth and 10 places, with $6.96 million (HK$54.4 million) and $6.17 million (HK$48.2 million), respectively.

Avengers: Infinity War” was far and away the year’s highest-scoring film in Hong Kong, with $19.6 million (HK$153 million), ahead of “Jurassic World: Fallen Kingdom,” which achieved $11.3 million (HK$88.6 million) and “Incredibles 2” with $9.11 million (HK$71.2 million).

The data provider said that market share for Hong Kong-produced films declined fractionally from 14% to 13%. The top-ranking local film was comedy “Agent Mr. Chan,” which finished just outside the top 10 with $5.71 million (HK$44.7 million). Though most Hong Kong films these days are co-productions with mainland Chinese partners, significant differences in audience tastes persist. Hong Kong-originated pictures including “Project Gutenberg,” “Monster Hunt 2,” and “Monkey King 3” did well in China, whereas mainland-originated movies had minimal attraction for Hong Kong cinema-goers. Last year’s top film in China, the stirringly patriotic “Operation Red Sea,” made by Hong Kong director Dante Lam, earned just $1.11 million (HK$8.72 million) as the 10th-ranked Hong Kong film. In mainland China, it earned $576 million.

An unchanged number of 53 Hong Kong films reached local screens in 2018. The number of international titles released in Hong Kong increased from 278 in 2017 to 300 in 2018.

More Film

  • 'Captain Marvel' Lands Day-And-Date China Release

    'Captain Marvel' Lands Day-And-Date China Release

    Marvel Studios’ hotly-anticipated Brie Larson-starring blockbuster “Captain Marvel” will hit Chinese theaters on the same day as it debuts in North America. The female-led picture will release on March 8, 2019, International Women’s Day. Written and directed by Anna Boden and Ryan Fleck, the film tells the story of Carol Danvers, a former fighter pilot who joins [...]

  • Peter Rabbit trailer

    Australia Box Office Recovers, Grows 3.8% in 2018

    Gross theatrical box office in Australia grew by 3.6% in 2018, to $890 million (A$1.25 billion). The score was propelled by a rebound in the performance of the top local films. Data from the Motion Picture Distributors Association of Australia published Tuesday showed aggregate cinema revenues recovering after a dip in 2017. While the 2018 [...]

  • Why Megan Mullally Won't Talk Politics

    Q&A: Why Megan Mullally Won't Talk Politics While Hosting the SAG Awards

    Megan Mullally is funny. The “Will & Grace” star can also sing and dance. While she’s not picking up the Oscar hosting gig after the Kevin Hart fiasco, Mullally will take center stage on Sunday, Jan. 27 when she makes her debut as the host of the 25th annual SAG Awards. Variety caught up with [...]

  • Glass trailer

    'Glass': Five Box Office Takeaways From M. Night Shyamalan's Thriller

    With his fifth No. 1 box office opening, M. Night Shyamalan has plenty to celebrate. “Glass,” the conclusion to a trilogy that consists of the 2000 cult hit “Unbreakable” and 2016’s box office sensation “Split,” topped the box office last weekend — though its win comes with a few caveats. James McAvoy reprised his role [...]

  • Berlin: Patra Spanou Picks Up Panorama

    Berlin: Patra Spanou Picks Up Panorama Title 'Family Members' (EXCLUSIVE)

    Patra Spanou has picked up world sales rights to “Los miembros de la familia” (Family Members), which will world premiere in the Berlin Film Festival’s Panorama section. Variety has been given an exclusive first look of the film’s trailer. The film is the second feature from writer/director Mateo Bendesky, and is produced by Agustina Costa [...]

  • Great Point Media, The Development Partnership

    Great Point Media, Development Partnership Join Forces on Slate of Movies

    Great Point Media and The Development Partnership, the development and production arm of the talent agency the Artists Partnership, are joining forces to develop, package, and co-produce multiple films, kicking off with three projects, including “Chasing Agent Freegard,” starring James Norton (“War & Peace”). “Chasing Agent Freegard,” which is being produced by “Captain Phillips” co-producer [...]

  • Berlin: FiGa Acquires ‘Landless,’ Drops ‘Hormigas’

    Berlin: FiGa Acquires ‘Landless,’ Drops ‘Hormigas’ Trailer (EXCLUSIVE)

    Sandro Fiorin’s Miami-based FiGa Films, a leading sales agent on the independent Latin American scene, has announced the acquisition of Brazilian doc “Landless,” and released a trailer for the Costa Rican-Spanish drama “El despertar de las hormigas.” Both features will play at this year’s Berlinale Forum and come from young Latin American filmmakers making their [...]

More From Our Brands

Access exclusive content